"Hard to think it will be about 3 years out before commercial sales."
And that's part of the issue. In the meantime, it's dead money that could be earning money. Someone mentioned an enrolment rate of 80%. I haven't seen or heard that number being bandied around. I don't hold, but I used to. So I still follow closely what's going on. I thought that the initial investment by the Carlyle Group was the investment that was going to see this go through to commercialsation? I stand to be corrected on that comment. I listened to an interview with one of the OPT scientists recently and I got absolutely zero from his dribble. Yeah, yeah..we all know about the "potential" and the "addressable market", but where exactly are they in this venture. Does anybody know with a degree of certainty?
I've followed the many presentations (that are all the same in any case) and to me, it seems like a mismanagement issue.
I see no rush to add any capital to this company in the near term. What was the last raise at, was it $1.15? I can't remember, but suddenly - even with a promising treatment (not a cure), this looks precarious. I know that Ms. Baldwin already owns a large chunk, but I see no director buying. I only see issuing of shares and exercise of options - and I don't mean that of the treadmill variety. In fact, the last "on market trade" was Ms Baldwin herself who sold $440k's worth at 0.66c.
Too hard basket - for now at least.
- Forums
- ASX - By Stock
- OPT
- Ann: Opthea announces A$80m Capital raise
Ann: Opthea announces A$80m Capital raise, page-22
-
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OPT (ASX) to my watchlist
(20min delay)
|
|||||
Last
89.5¢ |
Change
-0.015(1.65%) |
Mkt cap ! $1.101B |
Open | High | Low | Value | Volume |
91.0¢ | 92.0¢ | 87.5¢ | $1.496M | 1.676M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1705 | 89.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.5¢ | 46363 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 35003 | 0.875 |
6 | 48503 | 0.870 |
2 | 12500 | 0.865 |
3 | 29213 | 0.860 |
1 | 1167 | 0.855 |
Price($) | Vol. | No. |
---|---|---|
0.905 | 30001 | 1 |
0.910 | 45000 | 1 |
0.915 | 10200 | 1 |
0.920 | 543 | 1 |
0.925 | 639 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
OPT (ASX) Chart |